Try to get most of your learning out of the way before you try to do a transaction.Buyer seller agent    Commission splitNo subject to financingZoningMarket 3/2 2/1 parking school districts addl ADU property taxes insurance flood zones etc etc.  

It allows us to pocket a pile of tax free cash from the sale of our primary.

And the owner will finance  Thanks for your message Jonah,43607 will depend on the exact area.Most it is good.I've always believed that "nothing is wrong with any deal as long as the price is right" heheThanks again 

In the other two, it's new to seller but they are open to the idea.As far as the sellers, one is an experienced investor who wants out but isn't ready for capital gain tax.

It does depend on your goals, time, energy you have to put into your investments.

I would also be willing to have a contract that would pay pre-payment penalties for 10 percent for years 1-5 and then 5 percent for years 6-10.

Only 1 above is for sure needed.2 above is or is not needed depending on your title search and if it finds any easements.  

You can use 1 EIN for both since you are DBA under holding co LLC or if he believe you should get a second LLC EIN number for tax purpose. 

In every county except Jefferson County, if the assessed owner's name was in the pre-auction advertising, and that was the name called off at auction, but that person died before the auction, then the tax sale is void.

Official paperwork should be prepared with a real estate lawyer, and financial examination should take into consideration interest revenue, tax consequences, and market circumstances.